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Crude Floating Storage Dips 9.5% w-o-w

OIL

Crude oil floating storage stationary for at least 7 days fell to 72.85mn bbls as of Feb 10 according to Vortexa, 9.5% lower then February 3 when it stood at 80.50mn bbls.

  • Asia Pacific down 28% w/w to 34.33m bbl
  • Middle East down 2.3% w/w to 8.43m bbl
  • Europe down 30% w/w to 4.63m bbl
  • West Africa up 10% w/w to 4.28m bbl
  • U.S. Gulf Coast up 33% w/w to 1.88m bbl

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